MyShell Launches SHELL Airdrop After Successful IDO Backed by Binance
MyShell ($SHELL), a decentralized AI consumer layer, has achieved a milestone by completing its initial DEX offering (IDO) on Binance Wallet and Pancakeswap. The IDO was supported by major Web3 venture capitalists including Binance Labs and OKX.
Key points:
- Airdrop checker and claim process launched for early adopters.
- Airdrop snapshot taken on February 12, 2025, for MySoul NFT holders and ShellCoin accumulators.
- Conversion rate set at 600 MyShell points for 1 SHELL token.
- Warning issued against Sybil address associations leading to ShellCoin deductions.
- Over 2.3 million accounts linked to around 200 individuals.
SHELL Tokenomics
Details of the SHELL token supply include:
- Total supply: 1 billion SHELL tokens.
- 30% allocated for community incentives.
- 4% used in the recent IDO.
- 13.5% for ecosystem and treasury.
- 29% for investors.
- 12% for team members.
- 3% for advisors.
- 5% for liquidity pools.
- 3.5% for marketing incentives.
Significance of MyShell
MyShell aims to leverage AI within the Web3 space, having raised over $11 million in 2024. It provides open-source AI models and encourages developer participation, attracting more than 170k creators and 5 million consumers. The SHELL token is expected to be listed on top-tier centralized exchanges.